NLMK Group (LSE: NLMK), a global steel company with operations in Russia, the USA, and the EU, has published its Payments to Governments Report 2019 disclosing the respective payments related to extractive activities the company.
The report was prepared in accordance with the Reports on Payments to Governments Regulations as enacted in the UK in December 2014 and as amended in December 2015. The report builds on the information provided in NLMK's Annual Report on Sustainability and Consolidated Financial Statements prepared in accordance with International Financial Reporting Standards (IFRS).
This Report is also filed with the National Storage Mechanism (http://www.morningstar.co.uk/uk/nsm) intended to satisfy the requirements of the Disclosure Guidance and Transparency Rules of the Financial Conduct Authority in the United Kingdom.
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About NLMK Group
NLMK Group is the largest steelmaker in Russia and one of the most efficient in the world.
NLMK Group's steel products are used in various industries, from construction and machine building to the manufacturing of power-generation equipment and offshore wind turbines.
NLMK operates production facilities in Russia, Europe and the United States. The Company's steel production capacity exceeds 17 million tonnes per year.NLMK's ordinary shares with a 18.6% free-float are traded on the Moscow Stock Exchange (ticker 'NLMK') and its global depositary shares are traded on the London Stock Exchange (ticker 'NLMK:LI'). The share capital of the Company is divided into 5,993,227,240 shares with a par value of RUB1. For more details on NLMK shareholder capital please follow the link.
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